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This purchase order, valued at $8.7 million, is a follow on from a December $4.1 million order, represents the continuation of the customer’s fleet conversion strategy with potential further sites planned later in the year Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ:ELVA, TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has […]...
Read MoreElectrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2024 Annual General Meeting held on March 28th, 2025 in Toronto, Ontario, were approved. The six directors named in the management information circular […]...
Read MoreThis purchase order is a follow on from a November 2024 $3.5 million order Further demands for additional sites expected later in the year Electrovaya Inc. (“Electrovaya” or the “Company”)(NASDAQ:ELVA, TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received purchase orders through its OEM sales channel valued at approximately US$7.3 […]...
Read MoreThree year term includes an accordion of US$5.0 million expansion option to fuel future growth Lower-cost facility replaces existing debt, reducing servicing costs Supports operations in both the United States and Canada and enables financing from the United States Export-Import Bank (“EXIM”) for Jamestown manufacturing investments Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ: ELVA, TSX:ELVA), […]...
Read MoreFunding Under EXIM‘s Make More in America Initiative to Fuel Expansion of Electrovaya’s Jamestown Battery Manufacturing Facility Combination of EXIM Funding with $20 million BMO Credit Facility and $12 Million Equity Capital from December 2024 Provides Electrovaya with Over $80 million for Aggressive U.S. Expansion Electrovaya has Met Substantially All Condition Precedent Requirements to Drawdown […]...
Read MoreOrders placed through Sumitomo Corporation Power & Mobility for high-voltage battery systems to be used by a Major Japanese Headquartered OEM’s Vehicle Project Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ: ELVA; TSX: ELVA), a lithium ion battery technology and manufacturing company, today announced that it has received orders from a second global construction OEM through […]...
Read MoreRepeat order represents over $13 million in purchases by this end user with further plans to add incremental batteries to their existing facilities as well as batteries for new construction sites Toronto, Ontario – March 4, 2025 – Electrovaya Inc. (“Electrovaya” or the “Company” (NASDAQ:ELVA, TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today […]...
Read MoreThe Initial Assembly of Battery Systems is Part of a Larger Planned Investment in Jamestown, New York. Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ:ELVA, TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it is completing preparations to be in a position to startup the first phase of battery system […]...
Read MoreRevenue of $11.2M and Positive Adjusted EBITDA for Seventh Consecutive Quarter Strengthened Balance Sheet and improved financial position Significant Progress in Closing EXIM and Bank Financing to support US Manufacturing Expansion and Overall Growth Plans Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline Toronto, Ontario – February 13, 2025 – Electrovaya […]...
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